Forum
« back to latest questions

Will change in fair value of biological assets impact the P&L of my company?

Will change in fair value of biological assets impact the P&L of my company?

|
Roswell
 

1 Answer

Your Answer:

Your Name:

1

Yes. An entity shall disclose the aggregate gain or loss arising during the current period on initial recognition of biological assets and agricultural produce and from the change in fair value less costs to sell of biological assets.

|
Barry
CMS - web.calvin.hk